2020 Was a Surprisingly Strong Year for Housing. Here’s Why 2021 Will be Stronger.
2021 is on pace to be the strongest year for the housing market since 2005, riding a wave of strong and sustainable fundamentals.
Market Reports
The stage is set for an expected takeoff in sales, continued recovery in the rental market and another 10% growth in home values in 2021.
Zillow Weekly Market Report, Data Through Dec. 5
Driven by still-strong demand, the housing market remains remarkably robust heading into what is typically the slowest time of year for sales.
After Years of Decline, Household Formation Rates Were Improving Pre-Pandemic. Now What?
There would be some 5.7 million additional households today if Americans formed households at the same rate they did in 2006.
October 2020 Market Report & Weekly Market Data (Through Nov. 14)
Homes continue to sell in record time, closed sales of existing homes are at their highest level since 2006 and prices continue to rise quickly.
Zillow Weekly Market Report, Data Through Oct. 31
Homes continue to sell in record time, closed sales of existing homes are at their highest level since 2006 and prices continue to rise quickly.
Zillow Weekly Market Report, Data Through Oct. 24
Inventory keeps hitting new lows, and prices keep getting higher. Pending sales are slowing after a hot few months.
Zillow Weekly Market Report, Data Through Oct. 17
Inventory keeps hitting new lows, and prices keep getting higher. Pending sales are slowing after a hot few months.
September 2020 Market Report & Weekly Market Data (Through Oct. 10)
Home values continued to grow at a breakneck pace in September, but sales growth has likely peaked. Rents are falling in many areas.
Zillow Weekly Market Report, Data Through Oct. 3
The frenetic pace of newly pending sales seems to finally be subsiding as the weather turns, but a dire lack of inventory is keeping sellers in control.
